JSW Holdings Ltd

AGM Details

• Date and time: 6 August 2026 at 11:00 IST, via VC/OAVM.
• Record date: 30 July 2026.
• Shareholders on record: 30,054.
• Attendance: Promoters 12 via VC; Public 119 via VC.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for FY2026 with reports.
• Resolution 2 (Ordinary): Re-appoint Vineet Agarwal as Director by rotation.
• Resolution 3 (Ordinary): Re-appoint Manoj Kumar Mohta as Whole-Time Director.
• Resolution 4 (Ordinary): Approve material related party transactions for loans to related parties.
• Resolution 5 (Ordinary): Approve pledge of shares / security for related party loans.

Voting Results

• Resolution 1: Passed with overwhelming majority.
• Resolution 2: Passed with ~99.18% in favour.
• Resolution 3: Passed with ~99.93% in favour.
• Resolution 4: Passed with ~96.02% in favour.
• Resolution 5: Passed with ~96.02% in favour.

Dividend

• No dividend proposed or declared.

Director Changes

• Vineet Agarwal re-appointed as Director by rotation.
• Manoj Kumar Mohta re-appointed as Whole-Time Director.

Auditor/Secretarial/Appointments

• No changes to auditors or secretaries reported.

Material Related Party Transactions

• Resolution 4: Loans to related parties approved.
• Resolution 5: Security/pledge for related party loans approved.

Other Material Approvals

• No other material approvals disclosed.

AGM Details

• AGM held on 6 August 2026 at 11:00 IST via VC/OAVM.
• Record date for voting: 30 July 2026.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for year ended Mar 31, 2026; passed.
• Resolution 2 (Ordinary): Re-appointment of Vineet Agarwal as Director by rotation; passed.
• Resolution 3 (Ordinary): Re-appointment of Manoj Mohta as Whole-Time Director; passed.
• Resolution 4 (Ordinary): Approve material related party transactions for loans to related parties; passed.
• Resolution 5 (Ordinary): Approve material related party transactions for security by shares; passed.

Directors changes

• Re-appointment of Vineet Agarwal as Director by rotation.
• Re-appointment of Manoj Mohta as Whole-Time Director.

Material related party transactions

• Approval for material RPTs involving loans to related parties.
• Approval for security by pledge of shares for related party loans.

AGM Details

• 25th AGM held on 06 August 2026 at 11:00 AM via VC/OAVM.
• 131 members attended, including authorized representatives.

Governance Note

• Auditors' report contains no qualifications or adverse observations.

Standalone results

• Q1 FY27 standalone revenue from operations: 3,458.41 lakh; total income: 3,473.09 lakh.
• Profit before tax 2,905.36; tax 758.28; net profit 2,147.08.
• Basic EPS 19.35; Diluted 19.34.
• Board approved on 06 August 2026; trading window reopens 09 August 2026.
• Single reportable segment: Investing and Financing.
• Auditor's review concluded no material misstatement.

Consolidated results

• Q1 FY27 consolidated revenue from operations: 3,458.41 lakh; total income: 3,473.09 lakh.
• Profit before tax: 3,211.85; tax: 758.28; net profit: 2,453.57.
• Basic EPS 22.11; Diluted 22.10.
• Share of profit of associates: 306.49.
• Labour Code adjustment: reversal of Rs 26.54 lakh under exceptional items.
• Auditor's review concluded no material misstatement.
• Board approved results on 06 August 2026; single segment Investing and Financing.

Notes & compliance

• Unaudited results reviewed by Audit Committee; Board approved on 06 Aug 2026.
• Single reportable segment: Investing and Financing.
• Labour Codes: reversal of Rs 26.54 lakh under exceptional items.
• Auditor's review: no material misstatement observed.
• Trading window reopens on 09 Aug 2026.

Dematerialisation/rematerialisation update

• Details of dematerialised/rematerialised securities were furnished to all stock exchanges where shares are listed.

AGM notice and voting details

• AGM scheduled via VC/OAVM on 06 Aug 2026 at 11:00 IST.
• Notice and Annual Report accessible on company website and exchanges.
• For unregistered email addresses, notices delivered via web-link and QR code.
• E-voting event 9907; eligibility cut-off July 30, 2026; remote voting Aug 3–5, 2026.
• Attendees at AGM may vote if not cast remotely.
• Reminder to update KYC and dematerialise physical shares; register email ID and nominate.

AGM details

• Date/time: 6 August 2026, 11:00 IST
• Mode: VC/OAVM; venue deemed at registered office
• Register closure: 7–9 July 2026
• e-voting cut-off: 30 July 2026

Ordinary business

• Adoption of standalone and consolidated audited financial statements
• Appointment of director by rotation (re-appointment)

Director appointments

• Vineet Agrawal to be re-appointed as Non-Executive Director
• Manoj Mohta to be re-appointed as Whole-Time Director, CEO & CFO; 5-year term

MRPT approvals

• Resolution 4: grant of loans to related parties up to ₹2,000 crore
• Resolution 5: pledge of up to 10 crore JSW Steel shares as security

MRPT framework

• MRPT threshold: ₹2,480.9 Lakh; requires ordinary shareholder approval
• Audit Committee reviews MRPTs before Board approval

Remuneration and ESOPs

• Remuneration ceiling for Mohta: ₹75 lakh per month
• Mohta eligible to participate in ESOPs

Other governance notes

• Proxies not allowed; AGM via VC/OAVM
• Explanatory statements and annexures available on company site

Overview

• Standalone BRSR for FY2025-26; JSW Holdings Limited operates as NBFC-core investment company.
• Main activity: investing in group companies and providing loans/security by pledging shares.
• Reporting boundary: Standalone basis; two national offices.

Key ESG Risks & Opportunities

• Risk: customer lending tied to sustainable practices; potential negative financial implications.
• Opportunity: shift to cleaner investments improves sustainability and long-term returns.

Governance & Policy Highlights

• BR policy oversight by Risk Management Committee; decision-making by Whole-Time Director, CEO & CFO.
• Anti-bribery, whistleblower, UPSI policies; Code of Conduct for Directors/Senior Management.
• Whistleblower policy; policies public link on company website.
• Independent assurance on BRSR Core by Bureau Veritas (India).
• Board comprises six directors; one female member (16.7%).

Social Responsibility & Workforce

• Employees: 3 permanent; all male; 0 workers.
• Health & safety: LTIFR 0; OH&S management system in place; premises accessible to differently abled.
• Retirement benefits: 100% PF coverage; gratuity; post-retirement medical insurance; relocation allowance.
• Training: 100% of employees covered in human rights and health-safety training.
• CSR: Rs 1.90 crore in aspirational district Mumbai; beneficiaries include organ transplant recipients and hospital equipment.
• Associates: Sun Investments Pvt Ltd (associate, 43.37%); Jindal Coated Steel Pvt Ltd (associate, 49.95%).
• Gender: 1 female director on board (16.7%).

Environmental Performance

• Energy consumption: zero reported; no material energy use data.
• GHG emissions: Scope 1 and 2 total 0; intensity not applicable.
• Water: withdrawal 0; consumption 0; discharge 0.
• Waste: total waste 0; no recycling/disposal data.
• Assurance: Bureau Veritas verified data for environmental metrics.
• Certifications/targets: not specified.

Stakeholder Engagement & Complaints

• Stakeholders: governments/regulatory authorities, employees, investors/shareholders; channels and frequency as required.
• Shareholders filed 5 complaints in FY2025-26; 0 pending; policy link provided.
• Grievance mechanism: grievances via policy link on JSW Holdings website.
• Social development via JSW Foundation supporting communities in health and poverty alleviation.

Other Notable Metrics

• Related-party transactions: 100% of loans & advances and investments with related parties.
• Associates: Sun Investments Private Limited; Jindal Coated Steel Private Limited.
• Assurance: Bureau Veritas provides reasonable assurance on BRSR core.
• Sustainable sourcing: 100% inputs sourced sustainably; RPT concentration disclosed.